Mentorme
Analysis
Mentorme is a registered charity in United States, based in Jenison, MI. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Mentorme reported income of $497k and spending of $258k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $78k to $497k (+536%), an average of +152% a year. The sharpest change came in the year to December 2023, when income rose by 278%. Over the whole period it spent 60% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Mentorme sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Jerusalem Chesed-Chasdei Henny ($497k), Elsie K Powell House Inc ($498k) and Hopes Cry International ($497k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Other salaries and wages came to $174k. At year end it held assets of $284k against liabilities of $0, net assets of $284k. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 41%
- Other 59%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jerusalem Chesed-Chasdei Henny | Brooklyn | $497k |
| Elsie K Powell House Inc | Old Chatham | $498k |
| Hopes Cry International | Independence | $497k |
| Koach Hatorah Inc | Farmingdale | $498k |